Mrs. Sokea Nouv Village Bank Group
Mrs. Sokea N. is a farmer who owns a half-hectare plot of land where she grows cucumber and potatoes to sell to earn income to support her family. Her husband, Mr. Sok Hai Sor, is a driver who earns a small salary to support his family.
Mrs. Sokea N. faces an obstacle because her house does not have a place for cooking. To improve this condition, she is applying for a loan to build a kitchen. Mrs. Sokea N. is a mother of four children – three of whom work as laborers, and the youngest one is 5 years old.
About AMKAngkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.
This is a Group Loan
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid